Those that belong to Generation Y (born from the early 1980s to the early 2000s), or what we fondly call “millennials,” are expected to form 46 percent of the global workforce by 2020. A recent analysis in the United States performed by Pew Research Center even suggested that more than one in three American workers today are millennials, surpassing the baby boomers (born from the 1940s to 1960s), making them the largest member of the American workforce.
Now that the millennial generation is entering full-time employment, they are also expected to reshape the workforce. However, unlike previous generations, millennials think and respond differently when it comes to work life, including management.
In order to better understand them, their perceptions and their expectations in the workplace, below are eight aspects to consider with statistics that employers, executive search firms or job recruitment agencies need to know when hiring and working with millennials.